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Refer to the Accompanying Balance Sheet for the ABC National

Question 257

Multiple Choice

Refer to the accompanying balance sheet for the ABC National Bank. Assume the required reserve ratio is 20 percent. If the original balance sheet was for the commercial banking system, rather than a single bank, loans and Checkable deposits could have been expanded by a maximum of A) $8,000. B) $15,000. C) $48,000. D) $25,000. Refer to the accompanying balance sheet for the ABC National Bank. Assume the required reserve ratio is 20 percent. If the original balance sheet was for the commercial banking system, rather than a single bank, loans and
Checkable deposits could have been expanded by a maximum of


A) $8,000.
B) $15,000.
C) $48,000.
D) $25,000.

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